They claim it's rising "to curb inflation due to booming economy"... I think it's a load of nonsense.
The actual reason is that they've sold so much debt that the trading price of their debt has dropped below the par value (meaning the yield to maturity (YTM) has increased) to the point where the inflated market YTM forces the US FED to boost the coupon (interest) rate to rake in more cash.
The only thing that has inflated is the massive amount of USD debt, matched only by the amount of USD in circulation, leading to a global aversion to any currency/debt related to the US FED.
The USA FED is backed into a corner and has no option but to increase the coupon rate to make every new debt issuance more appealing than the last, all to continue its corrupt, Ponzi-like business as usual scheme to fund regular government expenses, its huge external trade deficit, troublemaking activities worldwide, and a continually growing internal security budget and welfare costs to prevent sliding into another civil war (which happens when everyone owns a military-grade M16 assault rifle, is hungry, and has a sick child at home)...........
The US government is as hooked on debt as a junkie is to their fix, willing to lie and cheat just to afford another hit.
So, the US government is fabricating an elaborate-sounding FAKE NEWS story about a booming economy and other nonsense like "curbing inflation due to a fantastic, booming economy" when all they truly want is more cash to spend on social welfare, running their overcrowded prisons, buying votes, and sending their bumbling army and aircraft carriers to stir up trouble and start wars worldwide (all to boost sales for their military weapons production industry, a significant part of their economy).
In summary, they are running on unethical, Ponzi-like, and hostile economic practices, feeding everyone lies to rake in more cash for their schemes and other undiplomatic, unethical, and morally bankrupt activities across the globe.
The actual reason is that they've sold so much debt that the trading price of their debt has dropped below the par value (meaning the yield to maturity (YTM) has increased) to the point where the inflated market YTM forces the US FED to boost the coupon (interest) rate to rake in more cash.
The only thing that has inflated is the massive amount of USD debt, matched only by the amount of USD in circulation, leading to a global aversion to any currency/debt related to the US FED.
The USA FED is backed into a corner and has no option but to increase the coupon rate to make every new debt issuance more appealing than the last, all to continue its corrupt, Ponzi-like business as usual scheme to fund regular government expenses, its huge external trade deficit, troublemaking activities worldwide, and a continually growing internal security budget and welfare costs to prevent sliding into another civil war (which happens when everyone owns a military-grade M16 assault rifle, is hungry, and has a sick child at home)...........
The US government is as hooked on debt as a junkie is to their fix, willing to lie and cheat just to afford another hit.
So, the US government is fabricating an elaborate-sounding FAKE NEWS story about a booming economy and other nonsense like "curbing inflation due to a fantastic, booming economy" when all they truly want is more cash to spend on social welfare, running their overcrowded prisons, buying votes, and sending their bumbling army and aircraft carriers to stir up trouble and start wars worldwide (all to boost sales for their military weapons production industry, a significant part of their economy).
In summary, they are running on unethical, Ponzi-like, and hostile economic practices, feeding everyone lies to rake in more cash for their schemes and other undiplomatic, unethical, and morally bankrupt activities across the globe.
